The magnitude of the acceleration in a steady flow field is given by the formula:
\[
a = \sqrt{ \left( \frac{\partial u}{\partial x} \right)^2 + \left( \frac{\partial v}{\partial y} \right)^2 + 2 \left( \frac{\partial u}{\partial y} \right)^2 + 2 \left( \frac{\partial v}{\partial x} \right)^2 }
\]
where:
- \( u \) is the velocity component in the \( x \)-direction,
- \( v \) is the velocity component in the \( y \)-direction.
The velocity components can be obtained from the stream function using the following relations:
\[
u = \frac{\partial \psi}{\partial y}, \quad v = -\frac{\partial \psi}{\partial x}.
\]
Given the stream function:
\[
\psi = k x^3 y,
\]
where \( k = 1 \, \text{m}^2 \text{s}^{-1} \), we compute the velocity components:
\[
u = \frac{\partial \psi}{\partial y} = k x^3 = x^3,
\]
\[
v = -\frac{\partial \psi}{\partial x} = -k \cdot 3 x^2 y = -3 x^2 y.
\]
At the point \( (x, y) = (1, 1) \), we have:
\[
u = 1^3 = 1 \, \text{m/s}, \quad v = -3(1)^2(1) = -3 \, \text{m/s}.
\]
Next, we compute the acceleration components. First, calculate the partial derivatives:
\[
\frac{\partial u}{\partial x} = 3 x^2, \quad \frac{\partial v}{\partial y} = -3 x^2.
\]
At \( (x, y) = (1, 1) \), we have:
\[
\frac{\partial u}{\partial x} = 3(1)^2 = 3, \quad \frac{\partial v}{\partial y} = -3(1)^2 = -3.
\]
Now, calculate the acceleration:
\[
a = \sqrt{ (3)^2 + (-3)^2 } = \sqrt{9 + 9} = \sqrt{18} \approx 4.24 \, \text{m/s}^2.
\]
Thus, the magnitude of the acceleration at the point \( (x, y) = (1, 1) \) is \( \boxed{4.24} \, \text{m/s}^2 \).